Historic Swiss franc South African rand

Swiss franc south african rand history for February 2024. The highest quote for this month is 21.976 (23/02/2024) and the lowest 21.912 (25/02/2024). The difference between high and low is 0.29.

CHF ZAR average rate for February 2024 is 21.68196, the change between 01/02/2024 and 29/02/2024 is -1.51 %.

01 February 20241 CHF = 21.59 ZAR
02 February 20241 CHF = 21.65 ZAR
04 February 20241 CHF = 21.81 ZAR
05 February 20241 CHF = 21.78 ZAR
06 February 20241 CHF = 21.88 ZAR
07 February 20241 CHF = 21.64 ZAR
08 February 20241 CHF = 21.63 ZAR
09 February 20241 CHF = 21.71 ZAR
10 February 20241 CHF = 21.75 ZAR
11 February 20241 CHF = 21.79 ZAR
12 February 20241 CHF = 21.71 ZAR
13 February 20241 CHF = 21.58 ZAR
14 February 20241 CHF = 21.50 ZAR
15 February 20241 CHF = 21.50 ZAR
16 February 20241 CHF = 21.53 ZAR
19 February 20241 CHF = 21.38 ZAR
20 February 20241 CHF = 21.46 ZAR
21 February 20241 CHF = 21.44 ZAR
22 February 20241 CHF = 21.49 ZAR
23 February 20241 CHF = 21.76 ZAR
24 February 20241 CHF = 21.89 ZAR
25 February 20241 CHF = 21.95 ZAR
26 February 20241 CHF = 21.91 ZAR
27 February 20241 CHF = 21.84 ZAR
28 February 20241 CHF = 21.70 ZAR
29 February 20241 CHF = 21.91 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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